Dividend-earning stocks and mutual funds can help your retirement portfolio grow more quickly, so long as you reinvest the dividends. But they can be a tax trap when you want to take the money out, especially if you invested your money in a traditional IRA.
If you have moved jobs while holding a traditional 401(k), you are probably familiar with the rollover options for these ubiquitous retirement accounts. You may be less sure, though, of your options when you leave an employer with whom you hold a Roth 401(k), the newer and less prevalent cousin of the traditional 401(k).
For millions of Americans, the freedom offered by self-directed, traditional, and Roth IRAs can be very appealing. These accounts are not limited to the narrow selection of investments that are typically offered inside employer-sponsored retirement plans, such as 401(k) or 403(b) plans.1
Have you thought about rolling your traditional IRA from one financial institution to another? Maybe you’re looking for higher returns, more investment selections, or better service. If you roll over your traditional IRA, there are some common mistakes you should avoid. In this article, we’ll give you an overview of IRA rollover rules and discuss how to avoid common mistakes.
For the 2021 NFL season, professional football players will be paid their salaries over 36 weeks, a longer period than how they’ve been paid in recent years — 17 weeks — according to an ESPN report.
After years of hard work, you’re certainly entitled to a happy retirement. You may have already started daydreaming about it, at least a little. Will you travel the world, volunteer for your favorite charity, go fishing, or spend more time with the grandkids? The possibilities are endless.